FTC Calls for Consumer Disclosure by Data Brokers May 28, 2014 By Alina Selyukh Companies known as data brokers collect and sell information about “nearly all” U.S. consumers, drawing potentially harmful conclusions about them...
Ratings Recap: Frankenmuth, Sooner, Tokio Marine America, Kingstone, Canopius U.S., HDI-Gerling America May 28, 2014 A.M. Best has revised the outlook to stable from negative and affirmed the issuer credit ratings (ICR) of “a+” of...
Gallagher Buys Florida’s MGA Insurance Group May 28, 2014 Arthur J. Gallagher & Co. said it has acquired MGA Insurance Group of Lakewood Ranch, Florida. Terms of the transaction...
Ascoma International Group Joins Worldwide Broker Network May 28, 2014 Worldwide Broker Network has announced that Ascoma Group has joined the fully integrated WBN network of independent insurance brokers and...
German Insurers Say Schaeuble Amendment Will Scare off Investors May 28, 2014 By Brian Parkin German Finance Minister Wolfgang Schaeuble has deflected complaints from insurers worried that his revamp of how they meet obligations to...
BP Can’t Hold Spill Payments Until Supreme Court Hears Settlement Appeal May 27, 2014 By Laurel Brubaker Calkins and Margaret Cronin Fisk BP Plc can’t delay writing checks for hundreds of millions of dollars in damage claims while it asks the U.S....
New California State Fund CEO Steiner Has Ties to Zenith, WCRI May 27, 2014 The State Compensation Insurance Fund Board of Directors on Tuesday named Vernon Steiner as the new president and CEO of...
Alabama Supreme Court Nixes Tribal Immunity for Casino in Dram-Shop Case May 27, 2014 By Andrew G. Simpson An Alabama casino lost any tribal immunity from dram-shop lawsuits when it agreed as part of the state licensing process...
Keegan Joins Beecher Carlson to Head Cyber Liability Practice May 27, 2014 Former Willis executive Christopher Keegan is joining Atlanta-based insurance broker Beecher Carlson to head the firm’s cyber liability practice. As...
Mid-2015 Target For Alaska Workers’ Comp Changes May 27, 2014 By Tim Bradner A new method of paying medical fees for injured workers under Alaska’s workers’ compensation program won’t be in place until...